Multiple A-share companies disclose July buyback progress; Wuliangye and Luxshare Precision each reach 1 billion yuan in repurchases

Corporate Action
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Summary · why it matters

A number of A-share companies have collectively disclosed their share buyback progress for July, with leading firms making sizable repurchases that stood out in the market. Baijiu leader Wuliangye bought back approximately 802 million yuan in July alone, bringing its cumulative buyback amount to about 1.002 billion yuan as of July 31. The company had earlier approved a plan to repurchase shares worth between 8 billion and 10 billion yuan within 12 months. Luxshare Precision had spent a total of about 1 billion yuan on its A-share buybacks by the end of July. Yonghe Shares completed its first buyback of roughly 8.1774 million yuan on the very first trading day after its shareholders' meeting approved a 150 million to 300 million yuan repurchase plan. In addition, Daqin Railway plans to buy back shares worth 400 million to 500 million yuan and cancel all of them to reduce registered capital. Sungrow Power intends to use 500 million to 1 billion yuan for share buybacks to fund employee stock ownership plans or equity incentives. Unilumin Group, PoCo Holding, Hongjing Technology, and Shenglan Technology also disclosed buyback plans ranging from tens of millions of yuan to 200 million yuan.

Impact on stocks 8

Others▲ · 8 stocks
Wuliangye Yibin Co Ltd
000858
▲ PositiveCapitalrelevance

Wuliangye cumulative buyback reached 1.002 billion yuan, with July repurchases of 802 million.

Sungrow Power Supply Co Ltd
300274
▲ PositiveCapitalrelevance

Sungrow Power plans to buy back 500 million to 1 billion yuan for employee stock ownership plans or equity incentives.

Daqin Railway Co Ltd
601006
▲ PositiveCapitalrelevance

Daqin Railway plans to buy back 400-500 million yuan and cancel shares to reduce capital.

Unilumin Group Co Ltd
300232
▲ PositiveCapitalrelevance

Unilumin Group disclosed buyback plan ranging from tens of millions to 200 million yuan.

Poco Holding Co Ltd
300811
▲ PositiveCapitalrelevance

PoCo Holding disclosed a buyback plan ranging from tens of millions to 200 million yuan.

Off-coverage companies 1

宏景科技Private▲ Positive
Capitalrelevance

Hongjing Technology disclosed a buyback plan ranging from tens of millions to 200 million yuan.

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